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gastroenterologist recommended probiotic. align. >>> happening now, president obama says he's still optimistic a deal can be reached to avoid that fiscal cliff. just four days until the deadline. the president just spoke about his last-ditch talks with congressional leaders. >>> plus, police are searching for this woman after another person was pushed in front of a new york train and crushed to death. >>> and a huge piece of american history is under wraps. we'll tell you why. wolf blitzer is off. i'm i'm candy crowley. you're in "the situation room." >>> so president obama says the time for action on the fiscal cliff is here. he has a calendar, too. he just laid out his position after talks with top members of congress. everyone seems to agree it's up to senate leaders to make the next move and that the next 24 hours or so are crucial. we want to bring in our chief white house correspondent, jessica yellin. jessica? >> reporter: hi, candy. the president made it clear that he believes that this still can get done. he said he has a little bit of confidence, optimism that it would get done. but he expr
days away. president obama is modestly optimistic. our chief white house correspondent jessica yellin has more on what needs to happen in order to make a deal. >> reporter: alison, christi, hi. the good news is things could have been worse. it doesn't seem to those of us watching from the sidelines as though time is running out, but congress does some of its best or at least its speediest work when the nation's back is against the wall. after a rare oval office meeting with top congressional leaders, the president said he's modestly optimistic a deal can come together. emphasis on "modestly." >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: both sides left an agreement, at least over their next step. >> we'll be, would go hard to try to see if we can get there in the next 24 hours. >> whatever we come up with is going to be imperfect. some people aren't going to like it. some will like it less, but that's where we are. >> reporter: on saturday they will try to agree on legislation preventing in
, the spending cuts that make up the fiscal cliff. president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in fairly short order? >> compromise, i'm not so sure we'll see that. but i was told by a republican senator and democratic senator that the pr indicated before he left for hawaii that he, the president, is expected to send a piece of legislation up today with his scaled back tax plan. that's something that the president outlined in general terms on the friday before he left for hawaii and since then what we've been hearing from republicans, particularly mitch mcconnell's office is we can't talk about whether we can pass anything until we actually see the leg
or not all of our taxes go up. president obama and congressional leaders with trying to come up with this last-minute deal to avoid the so-called fiscal cliff, the massive tax increases and spending cuts to take place in four days. the president and vice president will be meeting with house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here? >> reporter: well, based on the expectations around town, the thought is the president and democrats will lay out an alternative, scaled-down proposal. and there will be discussions about what could be in the details of a proposal they could vote on, in theory, this weekend. the ideal outcome would be all the members agree to the terms of that deal. and then the two senators in the room agree that they can get their parties to bring it to a vote with no one filibustering it. and then on the house side, speaker boehner would agree that he will put it on the house
.com/drive. >>> president obama is heading back from his holiday vacation in hawaii early in case there is a last-minute deal. the senate returns from christmas break tomorrow. house leaders say they're prepared to call members back if there is an agreement. joining us to talk about this is john avalon. he's a senior political columnist for "newsweek" and "the daily beast." we're here again. it's like groundhog day. we don't think there's going to be any kind of grand bargain at this point. what are the short-term measures? what's the best thing to hope for in the next six days? >> the best thing we can hope for is they get back to work again, suzanne. from all reports leadership isn't even talking to each other at this point. so it really is urgent. with six days left, the clock is ticking and the countdown is going on. this is not something abstract on the washington level. people need to appreciate if the country goes over the fiscal cliff, it will impact the bottom line as well. money out of their pocket in the form of tax hikes. >> we have stop gap measures. there are some things they can do
Search Results 0 to 4 of about 5